A Simple Guide to Factoring

The Benefits of Factoring

• Your client can receive funds within 24 hours of submitting an invoice
• Savings can be made on debt collection and sales ledger management as Skipton Business Finance will do all of this on behalf of your client 
• Factoring is very well priced against traditional business loans and overdrafts
• The facility keeps pace with the growth of your business
• Allows your client to know when funds are going into their bank account, rather than the uncertainty of when invoices will be paid
• Your client will not have to secure a loan against any other assets meaning more flexibility for their business
• At Skipton Business Finance, your client will have a dedicated Relationship Manager throughout the lifetime of their facility. That means no automated telephone services and no call centres. Just the direct contact details of a highly-trained and efficient Relationship Manager

Factoring - Want to find out more?

Go to our factoring page now and find out more about the facility.  

Why not give us a call!

Invoice finance is fast becoming the most popular business funding alternative to bank facilities as it is readily accessible to many SMEs.

Why not give us a call on 0845 602 9354, drop us an email at info@skiptonbf.co.uk or alternatively just fill in the handy form on the right and we’ll get back to you with more information!